Friday, October 12, 2007

Cash Advance

Broke? Bills piling up? Need a cash advance? Then you might want to check out the website CashAdvance1500.com. They give an overview of what payday loans are about and have a list of recommended sites offering payday loans.
Basically, a payday loan is a short-term, small, unsecured consumer loan which does not require a credit check. You can apply over the internet. Loans range from $100 - $1500. The process is fast, secure and can be done anonymously from home. No standing in long lines either. Once approved, the loan is wired overnight to your checking or savings account.
Loan approval is based on employment status, minimum income and an active checking or savings account. The minimum monthly income required is $1000. The length of the payday loan ranges from 4 to 30 days and coincides with the applicants next payday. Some lenders charge a flat fee no matter how long the loan is for, while others charge a variable rate based on the loan length.
Most lenders allow you to rollover a loan until the next payday, which means fees will be doubled.
If used carefully, payday loans are a good short term cash solution.

1 comment:

Lisa P said...

I was always prepare for the things that is usually I think a big problem when it comes to Money talks. Yeah, it never occurred to me that there is someone who can help me about my problem especially in budgeting. Cash Advance could help me get through it especially now Winter months is coming. Then, after I had read the article linked to this post, I agree that winter is always pretty stressful for me. Not only do I have the usual bills and holiday expenses to worry about, I live in an area that gets tons of snow every year. Piles of snow mean dangerous driving conditions and freezing living conditions. I am a good budgeter, but if anything happens to me and/or my car this winter, my budget will be out the window. Speaking of my car, I need new snow tires, and I’m sure that will cost me a pretty penny. Plus, when it’s cold outside, I like it to be warm and toasty inside. Unfortunately, heating my apartment isn’t exactly cheap. I plan for all these costs ahead of time, but it’s good to know that I have a responsible option for covering unexpected costs. I’ll look into getting a cash advance this winter when the cold weather expenses take a toll on my budget.
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